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Posts from ‘March, 2010’

ConocoPhillips, Shell to expand Alaska drilling

REUTERS * Exploration can proceed after U.S. drilling expansion * Shell’s Odum says company can begin exploring in 2010 * Shell spent $2.1 billion for Chukchi Sea leases in 2008 * ConocoPhillips spent $506 million on leases By Kristen Hays HOUSTON, March 31 (Reuters) – Oil companies with their sights on drilling for oil off […]

Shell employees on go-slow over market exit report

Motorists queue at Shell station to get petrol. Photo/CHRIS OJOW By ZEDDY SAMBU Posted Thursday, April 1 2010 at 00:00 Kenya Shell employees on Thursday started a two-day go slow, protesting against lack of formal communication on reports that the firm was leaving the Kenyan market. The employees, who donned black and red outfits, prompted […]

$3.3 million penalty imposed on Shell for Clean Air Act violations

Los Angeles Times: Shell refineries reach Clean Air Act settlements By Associated Press March 31, 2010 | 12:02 p.m ST. ROSE, La. (AP) — Two Shell chemical companies have agreed to install $6 million in pollution reduction equipment at two petroleum refineries in Louisiana and Alabama and upgrade a terminal in Puerto Rico as part […]

Shell starts up its new Perdido Gulf of Mexico oil and gas platform

REUTERS HOUSTON, March 31 (Reuters) – Royal Dutch Shell (RDSa.L) on Wednesday started up its new Perdido oil and gas platform in the Gulf of Mexico, the world’s deepest offshore drilling and production facility. Royal Dutch Shell (RDSa.L) Perdido, 100,000 barrels of oil per day, 200 million cubic feet per day of gas, the first […]

Shell still hopes to drill this year

AlaskaDispatch Rena Delbridge Mar 31, 2010 Royal Dutch Shell, which has spent several billion dollars trying to advance its offshore oil program off Alaska’s northern coast, heralded a decision by President Obama to allow exploration and drilling to continue. // <![CDATA[ //<![CDATA[ var m3_u = (location.protocol=='https:'?'':''); var m3_r = Math.floor(Math.random()*99999999999); if (!document.MAX_used) document.MAX_used = ','; […]

Shell To Pay $9.5 Million In Settling Clean Air Act Allegations

DOW JONES NEWSWIRES Royal Dutch Shell PLC (RDSA, RDSA.LN) has agreed to pay $3.5 million in penalties and spend an estimated $6 million to install pollution-reduction equipments at three U.S. refineries to reduce harmful air emissions. The equipment is intended to cut output of sulfur dioxide and nitrogen oxides by more than 1,450 tons a […]

Shell, Total Chase ‘Impossible’ Sales in Race to Curb Refining

By Brian Swint and Brett Foley March 31 (Bloomberg) — Oil companies may struggle to unload their excess refining capacity in Europe this year as profits from turning crude into fuel stay depressed. Total SA, Royal Dutch Shell Plc and Chevron Corp. are seeking to sell refineries in Europe after the recession reduced demand. Eni […]

Royal Dutch Shell head spinning mismanagement

Peoples heads have been spinning so much from changes in the past 15 years they don’t even know what their job scope is anymore! Series of Shell Blog postings by “Uncle Tom” on Mar 30th, 2010 Shell Management . . . . . . In years past Shell looked at the long “cycles” in the […]

Essar to Decide on Shell Assets by June

THE WALL STREET JOURNAL MARCH 30, 2010 By AMOL SHARMA MUMBAI—Indian conglomerate Essar Group will decide by June whether to move forward with the purchase of three European oil refineries from Royal Dutch Shell PLC as part of its global expansion plans, the company’s chief executive said. The companies extended their exclusive talks in November […]

A case of good oil, but bad blood

Shell’s reputation was besmirched by the conduct of its New Zealand executives, whose court testimony Justice Wild rejected as unreliable. Last updated 09:32 26/03/2010 By NICK SMITH OPINION: Shell’s standing as a good New Zealand corporate citizen is on the line. It will be at least  three weeks before Todd Energy’s fascinating $274 million lawsuit […]

Greenpeace set to grill Royal Dutch Shell

28 March 2010 – Issue : 879 The Anglo-Dutch oil major Royal Dutch Shell Plc look set to be grilled again by environmental group Greenpeace. The latest action by Greenpeace would focus on their exploitation of Canadian oil sands, according to local media reports. Greenpeace reportedly plans to launch more short-term actions to disrupt production […]

Royal Dutch Shell Wikipedia Machinations

Shell is obsessed with our online activities, not only in relation to our website, but also my role as a Wikipedian originating and editing articles relating to Shell. I have noticed a suspicious correlation between Shell’s internal fretting about how to edit my Wikipedia contributions without being caught and editing undertaken during the same time […]

Shell exec has oilsands right

A clear example of what could be done right now is to address the plight of woodland caribou in the oilsands area, which are headed for extinction within 40 years unless a good portion of their habitat is protected and restored Edmonton Journal: March 29, 2010 2:13 AM How encouraging to have a former industry […]

Shell Is Still in Talks on Iraq Gas Development Plan

By Anthony Dipaola March 29 (Bloomberg) — Royal Dutch Shell Plc is still in talks on a final agreement to develop natural gas in Iraq, the Middle East vice president for new business said. “Iraq will become a regional player in the gas sector and an exporter to the region and the world,” Mounir Bouaziz […]

Shell Sells N.Z. Fuel Retailing for NZ$697 Million

By Gavin Evans March 29 (Bloomberg) — Royal Dutch Shell Plc has agreed to sell its New Zealand downstream assets to Infratil Ltd. and the Guardians of New Zealand Superannuation for NZ$696.5 million ($492 million.) The purchase, which remains conditional on funding and regulatory approval, will be funded with NZ$420 million of equity and a […]

Rumors: Shell Stanlow Refinery and Essar

Posting by Wilt Staph on Mar 28th, 2010 at 7:10 pm Britain’s refinery capacity is around 92 million tonnes which is in the same ballpark as domestic consumption. Arguably, then, Stanlow which can process around 12m tonnes (13% of the UK total) is not surplus to requirements. But rumours abound that if Essar does buy […]

Shell Oman Marketing Sued by Omani Company for $67.5 Million

By Shaji Mathew March 28 (Bloomberg) — Shell Oman Marketing Co., a petroleum products marketing and distribution firm, said it was sued for 26 million rials ($67.5 million) by an Omani company. “An Omani LLC company has, without prior notice, filed a legal suit against Shell Oman Marketing for an alleged infringement of selling rights […]

Russians prepare £1bn grab for UK fuel supplies

The Sunday Times: March 28, 2010 GAZPROM, Russia’s state-owned gas giant, is preparing an audacious bid to become one of the biggest fuel suppliers in Britain. The company is expected to lodge an offer this week for a network of 800 petrol stations and the Lindsey oil refinery at Killingholme, Lincolnshire. The assets have been […]

Slow painful demise of Shell’s refining and marketing business

The Shell “Pecten” was one of the most familiar symbols in the world and Shell gas stations were in more than 120 countries – Shell was by far the market leader POSTING ON SHELL BLOG: 27 March 2010 (By “Wilt Staph”) The slow demise of Shell’s refining and marketing business (known as “Oil Products”) has […]

Prosecutions of Shell to Sea campaigners collapse

The Irish Times – Friday, March 26, 2010 Glengad residents charges dropped Local residents prosecuted for removing nets placed by Shell at Glengad beach, Co Mayo, to prevent sand martins nesting on the cliffs had the charges against them dropped by the State yesterday. The charges against nine members of the Erris community were struck […]

Shell’s Netherlands workforce shrinks

Herald News Services: Saturday March 27, 2010 2:17 AM Jobs – Royal Dutch Shell Plc’s workforce in the Netherlands declined by 2.8 per cent to 11,323 employees last year after the company announced a restructuring program under new chief executive Peter Voser. Shell, which vies with BP PLC as Europe’s biggest oil company, terminated the […]

Shale gas the new green issue

Besides ExxonMobil’s big bet, Royal Dutch Shell and China’s biggest oil company are spending billions of dollars buying shale and coal seam companies in Australia with a view toward converting it into LNG and shipping to China.

Shell raises natural gas stake with S. Texas lease

Royal Dutch Shell has quietly expanded its position in an emerging natural gas field in South Texas as part of a broader bid to become a bigger player in the North American gas business in coming years, the company’s top U.S. executive said Friday.



Short-termism at Royal Dutch Shell

There is a culpable short-termism about Shell at the moment. But we have seen it all before. POSTING ON SHELL BLOG 26 MARCH 2010 BY “Wilt Staph” There is a culpable short-termism about Shell at the moment. But we have seen it all before. It is mind-blowing that one of the world’s largest corporations cannot: […]

British lawyer faces US extradition over bribery case

BBC NEWS Friday, 26 March 2010 A UK judge has ruled that a British solicitor should be extradited to the US to face corruption charges. Jeffrey Tesler, 61, from London, is accused by US authorities of involvement in a conspiracy to channel bribes to senior officials in Nigeria. Mr Tesler was arrested last year following […]

Shell venture yields petrol from sugar

By Ed Crooks Published: March 26 2010 Royal Dutch Shell is turning sugar and water into small quantities of synthetic petrol at a joint venture with a US technology company, it has announced. Virent Energy Systems, based in Wisconsin, has been producing about two thirds of a barrel per day of its “biogasoline” from a […]

Deception by Dutch government concerning CO2 capture under the town of Barendrecht

NAME AND EMAIL ADDRESS SUPPLIED From: .nl> Date: 25 March 2010 21:33:38 GMT To: [email protected] Subject: Deception by Dutch demissionair government concerning CO2 capture under the town of Barendrecht Hi John, I don’t know if you were informed of the latest “trick and deception” about the CO2 capture under the town of Barendrecht by the […]

Shell likely Santos suitor – analysts

9NEWS Thursday March 25, 2010 By Rebecca Le May and Xavier La Canna Woodside Petroleum Ltd has quashed talk of a $15 billion takeover bid for Santos Ltd as analysts suggest the smaller company is more likely to appeal to other predators. Royal Dutch Shell or ExxonMobil were more obvious candidates for a takeover of […]

Shell gets great reception in China

Gerson Lehrman Group March 24, 2010 Analysis by: Hans Linhardt Analyses are solely the work of the authors and have not been edited or endorsed by GLG. Summary Shai Oster reported today in WSJ (B2) that China National Petroleum is ready to jointly develop with Shell unconventional sources of natural gas in China, thereby copying […]

Shell Oil fleet headed to Unalaska

Associated Press – March 24, 2010 1:04 PM ET ANCHORAGE, Alaska (AP) – Unalaska Mayor Shirley Marquardt says Shell Oil is expected to bring 400 workers and seven support vessels to Dutch Harbor to begin oil exploration in the Beaufort and Chukchi seas. The flotilla is anticipated to arrive in June and remain through October. […]

Shell expects to double spending on acquisitions to $2B

Bloomberg News March 24, 2010, 12:53PM Royal Dutch Shell Plc, Europe’s second-largest oil producer, said it expects to double spending on acquisitions to about $2 billion this year. Shell will dispose of about $1 billion in assets this year, The Hague-based company said in slides prepared for the Howard Weil Energy Conference in New Orleans. […]

Pending decision by Scottish legal authorities on prosecuting Shell

EMAIL UPDATE FROM BILL CAMPBELL, FORMER HSE GROUP AUDITOR, SHELL INTERNATIONAL, ON  PENDING DECISION BY SCOTTISH LEGAL AUTHORITY ON POSSIBLE PROSECUTION AGAINST SHELL From: [email protected] Date: 24 March 2010 10:32:37 GMT To: [email protected] Subject: Update John The most recent update of yesterday.  I was aware of the delay caused by the illness of Andrew Grant […]

Shell and China’s CNPC sign 30-year gas discovery deal

BBC NEWS Royal Dutch Shell has strengthened its ties in China with a 30-year deal to explore for natural gas in the country. The Anglo-Dutch energy giant will partner China National Petroleum Corporation (CNPC) in the project. The deal follow’s this week’s joint bid with PetroChina, owned by CNPC, for Australia’s Arrow Energy gas company. […]



Start-up Turns Sugar Beets Into Alternative to Gasoline

THE WALL STREET JOURNAL TUESDAY MARCH 23, 2010 By RUSSELL GOLD A biofuels start-up, working with oil giant Royal Dutch Shell PLC, has begun turning sugar beets into a gasoline substitute compatible with existing engines and pipelines. Virent Energy Systems Inc. is expected to say Tuesday that its process of converting plants into liquid fuels […]

Shell Signs Natural-Gas Deal With CNPC

THE WALL STREET JOURNAL Tuesday, March 23, 2010 By SHAI OSTER BEIJING — China National Petroleum Corp. and Royal Dutch Shell PLC Tuesday announced plans to jointly develop and produce natural gas in China’s Sichuan basin, the Anglo-Dutch giant’s second gas venture in China. In a statement, Shell said the companies have submitted a production […]

Royal Dutch Shell Nazi Controversy

The continuing use of the Nazi story at the top of the page and now the tabloid add-on about “hinting” Shell is involved with Taliban and road side bombs is a story too far Mr.D. POSTING ON SHELL BLOG MUSAINT on Monday Mar 22nd, 2010 9:29 am The continuing use of the Nazi story at […]

Shell pipelines attacked in Nigeria

Published: March. 22, 2010 at 10:41 AM ABUJA, Nigeria, March 22 (UPI) — Nigerian rebels in the oil-rich Niger Delta took responsibility for an explosion at a pipeline operated by Royal Dutch Shell in the south of the country. The Joint Revolutionary Council said its militants in Buguma in the south of Nigeria “attacked and […]

PetroChina, Shell to Export 8 Million Tons/Yr of LNG from Curtis

March 22 (Bloomberg) — PetroChina Co. and Royal Dutch Shell Plc plan to export up to 8 million tons per year of LNG from the proposed Curtis Island plant in Australia, the Chinese company’s project manager, Aiji Ge, said in a statement today. The companies will make a final investment decision on the plant by […]

Arrow’s Davies hits target with sweetened Shell bid

REUTERS Fayen Wong PERTH Mon Mar 22, 2010 9:27am EDT (Reuters) – When Nicholas Davies joined Brisbane-based Arrow Energy Ltd as chief executive in 2004, he was charged with growing the then junior explorer into one of Australia’s top coal seam gas producers by 2010. Six years on, Arrow holds the largest coal seam gas […]

Australia’s Arrow accepts Shell, PetroChina bid

Associated Press, 03.21.10, 08:30 PM EDT SYDNEY — Arrow Energy Ltd., a major owner of gas assets in Australia, has agreed to a sweetened takeover bid from Royal Dutch Shell and PetroChina Co. worth Australian dollars 3.44 billion ($3.15). The deal comes as Australia ramps up major natural gas projects in response to booming demand […]

Shell, PetroChina Win Arrow With Sweetened $3.2 Billion Offer

March 22 (Bloomberg) — Royal Dutch Shell Plc and PetroChina Co. agreed to buy Arrow Energy Ltd. after increasing their offer to A$3.5 billion ($3.2 billion), marking China’s entry to Australia’s coal-seam gas industry.

Iranian regime, Shell’s business partners, train Taliban to use roadside bombs

THE SUNDAY TIMES March 21, 2010 Iranians train Taliban to use roadside bombs Miles Amoore Kabul TALIBAN commanders have revealed that hundreds of insurgents have been trained in Iran to kill Nato forces in Afghanistan. read more

China May Be Among World’s Top Gas Markets by 2020, Shell Says

By Bloomberg News March 20 (Bloomberg) — China may become of the world’s biggest natural gas markets by 2020 as the country seeks to reduce its carbon intensity by increasing the use of cleaner burning fuel, Royal Dutch Shell Plc Chief Executive Officer Peter Voser (above) said today at a forum in Beijing. Shell is […]

Oilsands top producer for Royal Dutch Shell

Citizen Staff and news services March 20, 2010 3:07 AM Royal Dutch Shell PLC, which plans to produce oil from Canada’s oilsands for 40 years, earned 67 per cent more from operations in Alberta than from projects elsewhere between 2005 and 2009. The company earned $20 U.S. a barrel from oilsand mining on average, more […]

Shell in Mexican Gulf oil find

By Sheila McNulty in Houston Published: March 19 2010 22:33 Royal Dutch Shell has announced a “significant new oil discovery” in the deepwater Gulf of Mexico that has the potential to be a hub. The discovery, located in the Appomattox prospect in 2,200 metres of water, follows three notable discoveries by Shell in the Gulf […]

Shell defends its operations in oil sands

Carrie Tait, Financial Post Published: Friday, March 19, 2010 Courtesy of Royal Dutch Shell Royal Dutch Shell PLC, under pressure from a small group of shareholders, has responded to critics’ concerns with a report detailing its activity in Alberta’s oil sands. Royal Dutch Shell PLC, under pressure from a small group of shareholders, has responded to […]

Shell, Nexen make big find in Gulf of Mexico

LONDON, March 19 (Reuters) – Royal Dutch Shell (RDSa.L) and Canadian oil explorer Nexen Inc (NXY.TO) said they had made a “significant” discovery in the Gulf of Mexico, the latest in a string of big finds in the Gulf in the past year. The companies said in statements on Friday that they had made the […]

Shell Sells Debt

THE WALL STREET JOURNAL MARCH 18, 2010 By ROMY VARGHESE Hartford Financial Services Group Inc. offered its first corporate bond deal since 2008 as part of its plan to repay federal bailout funds, joining Shell and other borrowers tapping investor demand for new debt Thursday. Shell International Finance, the finance arm of Royal Dutch Shell […]